MARTAS Precision SlideLtd Balance Sheet Health
Financial Health criteria checks 5/6
MARTAS Precision SlideLtd has a total shareholder equity of NT$269.2M and total debt of NT$85.7M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are NT$509.9M and NT$240.7M respectively. MARTAS Precision SlideLtd's EBIT is NT$11.5M making its interest coverage ratio 3. It has cash and short-term investments of NT$15.2M.
Key information
31.8%
Debt to equity ratio
NT$85.73m
Debt
| Interest coverage ratio | 3x |
| Cash | NT$15.20m |
| Equity | NT$269.18m |
| Total liabilities | NT$240.68m |
| Total assets | NT$509.86m |
Recent financial health updates
Recent updates
MARTAS Precision SlideLtd (GTSM:6705) Is Reinvesting At Lower Rates Of Return
Apr 20
Is MARTAS Precision Slide Co.,Ltd (GTSM:6705) An Attractive Dividend Stock?
Feb 24Is MARTAS Precision SlideLtd (GTSM:6705) A Risky Investment?
Dec 24
Will MARTAS Precision SlideLtd (GTSM:6705) Multiply In Value Going Forward?
Nov 27Financial Position Analysis
Short Term Liabilities: 6705's short term assets (NT$169.5M) exceed its short term liabilities (NT$122.5M).
Long Term Liabilities: 6705's short term assets (NT$169.5M) exceed its long term liabilities (NT$118.2M).
Debt to Equity History and Analysis
Debt Level: 6705's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: 6705's debt to equity ratio has reduced from 44.3% to 31.8% over the past 5 years.
Debt Coverage: 6705's debt is well covered by operating cash flow (71.5%).
Interest Coverage: 6705's interest payments on its debt are not well covered by EBIT (3x coverage).